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Avic Shenyang Aircraft Co (SHSE:600760) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Avic Shenyang Aircraft Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avic Shenyang Aircraft Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avic Shenyang Aircraft Co's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Avic Shenyang Aircraft Co Cyclically Adjusted Price-to-FCF Chart

Avic Shenyang Aircraft Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,060.09 122.16 93.82 232.56

Avic Shenyang Aircraft Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.82 575.87 - 232.56 -

Competitive Comparison of Avic Shenyang Aircraft Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Avic Shenyang Aircraft Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avic Shenyang Aircraft Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avic Shenyang Aircraft Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Avic Shenyang Aircraft Co's Cyclically Adjusted Price-to-FCF falls into.



Avic Shenyang Aircraft Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Avic Shenyang Aircraft Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Avic Shenyang Aircraft Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.759/115.2271*115.2271
=-2.759

Current CPI (Mar. 2024) = 115.2271.

Avic Shenyang Aircraft Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.083 98.200 -0.097
201409 0.201 98.900 0.234
201412 -0.010 99.000 -0.012
201503 0.019 99.900 0.022
201506 0.067 99.500 0.078
201509 -0.024 100.500 -0.028
201512 0.064 100.600 0.073
201603 -0.002 102.200 -0.002
201606 0.044 101.400 0.050
201609 -0.011 102.400 -0.012
201612 -0.926 102.600 -1.040
201703 0.021 103.200 0.023
201706 -1.425 103.100 -1.593
201709 0.010 104.100 0.011
201712 2.303 104.500 2.539
201803 -0.104 105.300 -0.114
201806 -0.734 104.900 -0.806
201809 0.410 106.600 0.443
201812 0.457 106.500 0.494
201903 0.054 107.700 0.058
201906 -1.795 107.700 -1.920
201909 1.550 109.800 1.627
201912 -0.569 111.200 -0.590
202003 -0.206 112.300 -0.211
202006 -1.993 110.400 -2.080
202009 0.271 111.700 0.280
202012 3.508 111.500 3.625
202103 -0.722 112.662 -0.738
202106 10.629 111.769 10.958
202109 -8.181 112.215 -8.401
202112 0.882 113.108 0.899
202203 -0.990 114.335 -0.998
202206 -1.897 114.558 -1.908
202209 -1.775 115.339 -1.773
202212 5.393 115.116 5.398
202303 -0.167 115.116 -0.167
202306 -3.443 114.558 -3.463
202309 -1.172 115.339 -1.171
202312 2.197 114.781 2.206
202403 -2.759 115.227 -2.759

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Avic Shenyang Aircraft Co  (SHSE:600760) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Avic Shenyang Aircraft Co Cyclically Adjusted Price-to-FCF Related Terms

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Avic Shenyang Aircraft Co (SHSE:600760) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Lingbei Street, Huanggu District, Shenyang, CHN, 110850
Avic Shenyang Aircraft Co Ltd is engaged in manufacturing aviation product. Its products offerings include aviation defense equipment and civil aviation products. Civil aviation products include domestic and foreign civil aircraft parts.
Executives
Qian Xue Song Director
Li Ke Ming senior management
Zhang Shao Zhuo senior management
Li Zhang Qiang Director
Xing Yi Xin Directors, senior managers
Li Jian Directors, senior managers
Zhan Qiang senior management
Xue Hong Yu senior management
Guan Yong senior management
Ji Rui Dong Director
Deng Ji Hong senior management
Qi Xia Directors, senior managers
Liu Yu senior management
Liu Yong Tao Director
Qi Jian Xin senior management

Avic Shenyang Aircraft Co (SHSE:600760) Headlines

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